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Showing 1451 - 1460 of 9458 results for "Made"

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... under management of $870.8 billion rise 10% year on year but failed to replicate this growth across its bottom line. MAM made a net profit of $2.34 billion in its full-year reporting period to March, down 23% year on year as a result of the disposition ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... industry funds' success. As of 2022, there are seven mega-funds, which account for 58% of non-SMSF super industry assets, made up of three industry funds, one public sector funds, and three retail funds. Comparatively, in 2021, there was only one industry ...

HESTA revamps insurance offering

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
HESTA has renewed its mandate with AIA Australia and, in doing so, made a raft of changes to its insurance offering. HESTA notified members it has renewed its insurance arrangements with AIA, extending the relationship that's been in place since 2017. ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... its initial, risk-based review of how investment product issuers met DDO obligations and found that a "significant number" made deficient TMDs, with poorly defined target markets and unclear or inadequate product governance arrangements. "Investment ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... achieve the best outcome for the market. Despite the setback announced last November, Lofthouse said "good progress is being made on the CHESS Replacement solution design" and requests for proposals were recently issued. "In addition, we've had constructive ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... the RBA will maintain the status quo in May, mirroring April's decision. "The recent CPI print signalled progress is being made on the inflation front and we suspect the RBA would like to see how the economy evolves during this period of heightened mortgage ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... addressing unpaid super complaints. ISA responded the government's initiative, stating that quarterly super payments made it challenging for worker to monitor their payments and for the ATO to ensure real-time compliance. With this reform, the ATO ...

JPMorgan acquires First Republic Bank

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... outflows and reduced revenues which resulted in the share price dropping by almost 98% year on year. Following final bids, made by JPMorgan, PNC Financial Services Group and Citizens Financial Group, to rescue the bank, the global wealth giant was advised ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... the past five days. Last week, The Wall Street Journal reported people familiar with the matter confirmed final bids were made to rescue the bank and a decision on its takeover could be expected imminently. The Federal Deposit Insurance Corporation (FDIC) ...

Australian Retirement Trust names risk heads

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
... ART's divisional risk manager of investments Kate Griffin left the risk team to join Rest. Around the same time, the fund made a major leadership change. Damian Lillicrap, ART's head of strategy for the QSuper portfolios, left the fund following ...